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Presentation on Innovative Product

Group No. 4

 Sanal Nair
 Johnson Thomas
 Manish Vispute
 Valay Chheda
 Vimal Jain

Group No. 4 Product and Brand Management 1


Shoe Polish
What it is?

 Not just a Shoe polish.


 It’s a next generation Shoe Polish.
 With colour replacing formula.
 Comes in Two colours, Black and Brown
 It completely replace old colour and apply new colour.

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Why it is needed?

 Can be used on various types of shoes.


 A single shoe can be use in different colours.
 Can be used multiple times.

Then, why to keep different colour shoes,

just change your polish

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Types of Shoe Polish Products

Types of shoe polish products:


1. Paste/Wax shoe polishes
2. Liquid shoe polishes
3. Cream shoe polishes
4. Whiteners

Broadly in India there are 2 types of shoe care:


• Wax polish
• Liquid polish
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Types of Shoes available in India

The various Shoe type material available in the market are

• Leather
• Canvass
• Smooth leather
• Suede
• Nubuck
• Nylon mesh

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Competitors

Shoe polish market is pretty low i.e. 120 crores with more
than 30% rural penetration.

The top brands in India:


• Cherry blossom rich shine Wax polish (Reckitt)
• Kiwi Wax polish (Sara lee)
• Cherry blossom rich shine Liquid polish (Reckitt)
• Kiwi classic instant Liquid Polish (Sara lee)
• Cherry blossom leather guard Wax polish (Reckitt)
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Segmentation and Pricing

 The product will be launch as Mass Market Product.


 Will launch in Metropolitan cities, Tier 1, Tier 2 with
Rural market.
 Target Audience: Office going Executives.
 Price will be Rs. 99/- per 75ml bottle.

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Advertising Plan

 TV ads
 Print ads
 Changing Billboards
 Magazines
 Internet Marketing

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